technologycompany.certainly when you think about silicon valley and companies that have hit hard times. very view come through it and re-emerge. apple is one that we can all remember having done that. ibm. although not a silicon valley company but technology company. most recently perhaps ebay in a significant decline but i spoke to john at length on friday and it appears they have brought around their marketplace business in addition to continue strong growth at the paypal unit. it's difficult to do. when you come back to yahoo! you have to wonder how do they do it? >> is there an act two? cisco tonight almost every analyst on the street said they're going to miss. >> universal in both miss and then the guidance is going to be negative. david, when you spoke with stevenson, didn't you get the sense that the companies are done spending on anything other than amd on towers? >> they got to spend. you know, stevenson was very outspoken in saying fiscal cliff. we're not spending but we are. we're deciding to spend $14 billion over the next three years. they absolutely have to in order to c

bytechnologystocksand also ship builders. in us a take i can't, commodity plays lent support to the asx 200. talks of a leverage buyout plan. sensex now trading louisa, back to you. >>> the spanish bad loans according to reuters, now at the 10.7% during the month of september versus 10.5% seen in august. so according to the bank of spain, we're seeing that figure just creeping up just by a tad. now, in the u.s., a slightly grimmer picture. major u.s. indices have fallen by 5% since the election day. this month already stacking up to be the worst november for the dow and the s&p 500, ninth worst november since 1973. so it's been pretty dismal trade if you're an equity holder. hi, charles. we talk about this and we're looking at a bounce in europe this morning. do we think the grimness will continue? >> i think the equity markets, they couldn't really believe bond the election until it was out of the way. you had clearly different scenarios fending on who won. having got that we were left with very much the same political structure that we had going into it. so you had to reprice in some tail

. >> an upgrade. >> emerging markets talking about china expansion. one of the attempts togettechnologygoinghere. >> marathon this time. >> important to talk about israel and gaza. this company has unique american assets. oil and gas will be great here. >> a final upgrade. >> this is my favorite international company. they are moving it everywhere. india, china, people drinking whisky like mad. >> big deal with india in the past couple of weeks. >> i met with my friend johnny walker black over the weekend. >> how is johnny doing? >> it was at a wedding. he is always there. >> he's a great guy. he should meet by buddy jim beam. >> what's on mad tonight? >> we'll talk about fiscal cliff saying, listen, here's what happens if we solve it. i think this rally today is about solving it. and i'm going to present the world view that is going to be just unbelievable if we get this thing solved which would make a lot of stocks go up dramatically including apple where we would finally get a sense that maybe it's not worth selling because the capital gains tax may not rise that much. >> on friday night

nuclear weapons. they desperately need food. their people are enormously poor. theyneedtechnology. i'dgive this guy a little opening. >> all right. we'll see what happens. ambassador, thanks very much for coming in. >> thank you. >> bill richardson, former governor of new mexico. >>> want to go right to our pentagon correspondent barbara starr. she's getting new information on paula broadwell. what are you learning, barbara? >> wolf, some really stunning new information. cnn has learned from two u.s. officials that paula broadwell's security clearance has been suspended. she is a serving reservist, if you will, with the u.s. army, a military intelligence analyst. as such, she would at least have a secret level security clearance. we are now told that security clearance suspended pending the outcome of several investigations. we went to the army to ask them for an official response. they will not say anything except the following. and let me read it to you. "appropriate actions with regard to this officer's clearance and access have been taken." the statement goes onto say "the army

ofmedicaltechnologyinthe u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> good morning and welcome back to "squawk box" here on cnbc. i'm joe kernen along with becky quick and andrew ross sorkin. our top story is an economic ticking time bomb. what am i talking about? the fiscal cliff. about a dozen ceos are scheduled to meet with president obama today, including ge's jeff immelt. et another friend of the show,

,unitedtechnologies, peoplejust not feeling confident yet to get in and say i will buy them. worried about europe and all kinds of things. cheryl: thank you very much, appreciate it. it is time to make money with charles payne. we have the tech stock, but it is not cisco. >> it is not cisco. although it is a little bit on cisco tales. you don't have to work on letting out all the dots. up in that part, some other little guys. an open-source project they are involved in, also being involved in andre android 4.2. talk about apple but android is making amazing moves and sing a whole lot of market shares. it probably will trade twice the average daily volume. coming on this week with the market down, this is dangerous talking for brought calm, like the valuation. cheryl: apple is not the only game in town, that is for sure. dennis: some of the big banks left out, the ceo summit the president the new war brewing. cheryl: and wind power. how they want the federal government to blow new light into the alternative energy source. dennis: his other world currencies are faring against the u.s.

. thanks. that's the cold truth! butproventechnologiesallownatural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... oh, let me guess --ou see this? more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. he loves risk. but whether he's climbing everest, scuba diving th

more monitoring centers, more oftomorrow'stechnologyrighthere today, and more value -- 24/7 monitoring against burglary, fire, and high levels of carbon monoxide -- starting at just over $1 a day. and now get adt installed for just $99. this is the computer that didn't get stolen, keeping priceless photos and financial records safe. this is the reason why. you can't predict when bad things will happen, so help protect yourself with adt. isn't your family worth america's number-one security company? call and get adt installed for just $99. and ask about adt pulse, advanced home management here today. adt. always there. >>> president obama visited new york city to get a first-hand look at the devastation left behind by the superstorm sandy. he vowed fema would be there as long as it takes to get people back on their feet. >> as you travel around parts of staten island and we flew over parts of, other parts of the city and the region that had been impacted, there's still a lot of cleanup to do. people still need emergency help. they still need heat and they still need power a

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